The Higher Education Bursary is funded by the Government (Ministry of Education) to provide financial assistance to students from the lower to middle income groups. This is part of the Government’s commitment to ensure that no able students are deterred by the cost of post-secondary education due to financial circumstances.
With effect AY26/27, NAFA has integrated with Household Means Eligibility System (HOMES) to conduct means-tests assessment to determine eligibility for Government Bursary. All income information required to assess bursary applications will be automatically retrieved from the Government’s Household Means Eligibility System (HOMES).
There is no need to submit any income supporting documents, if you and any of your household members only have employment and/or trade income and DO NOT have other taxable assessable income (OAI). Example of taxable income can be found on the IRAS website.
Eligibility Criteria
How to Apply
Application exercises are held thrice per Academic Year in July, October (Semester 1) & January (Semester 2).
| Application period per Academic Year |
Disbursement period & Tranche percentile* |
Frequency of application |
Apply in July
(Semester 1)
|
1st tranche: October (Semester 1) – 50%
2nd tranche: March (Semester 2) – 50%
|
Students need only apply once in either of the application periods per Academic Year.
Re-application is required each Academic Year for each year of study
|
Apply in October
(Semester 1)
|
1st tranche: December (Semester 1) – 50%
2nd tranche: March (Semester 2) – 50%
|
Apply in January
(Semester 2)
|
March (Semester 2) – 100%
|
*The bursary quantum will be used to offset any outstanding balances as at the payment deadline per Semester, before any remaining balance per tranche will be disbursed to recipients via Paynow NRIC. Students are expected to check the payment schedule and any outstanding balances on
Studentnet portal each Semester.
Disbursement will only be made to active students per tranche.
Application for AY26/27 October application period will open from 12 – 26 October 2026.
Click
here to apply.
(Option to apply will only be reflected on 12 October 2026)
For enquiries, please email Office of Student Services (Financial Aids & Awards Scheme) at
[email protected]